officer Restructuring of Debts
Based on the proposed payment plan, the Golden Challenge will renegotiate the repayment of the debt from the private and public investors in order to match the capacity of cash flows to meet the debt service avoiding defaults.
Procedural Extra judiciary Conciliation (PEC)
Developing the business plan for submission to the authorities which mediates the conclusion of the agreement between the ailing firm and its investors helping them to recover.

This process is aimed at the development of the enterprise in a situation of bankruptcy or in a difficult economic situation through the achievement of consensus among the companies interested in rehabilitation.

The completion of the business plan, demonstrating the viability of the company and renegotiation of the liabilities with investors (public and private), for conciliation of interests are the key elements of the PEC.

The process is mediated by IAPMEI (Institute for Support to Small and Medium Enterprise and Innovation), a public entity dedicated to that purpose.
 
Negotiation of Liabilities with Bankers
Particularly in negotiations on financial operations is primarily characterized by a special support and advice on personal negotiation of its banking operations, especially in extension of the deadlines, reduction of fees and adequacy of safeguards.
 
Recovery of Credit
We offer a complimentary service in rescue and recovery of claims, minimizing the costs. This service is provided along with the conditions accepted by the financial partners, offering preferential terms to customers of Golden Challenge.
 
Restructuring the Company
Implementation of plans which reduce costs, increase efficiency and profitability, boosts sales, diminishing liquidity and improve the working capital.
 
Disposal of Assets
  • Disposal of assets or equipment is not allowed for exploration.
  • Sale and Lease-back of assets are allowed for exploration.
Corporate Finance
   
  • Business Plans
  • Feasibility studies in economy and financial sectors. Analysis of financial and economic feasibility studies and the company forecast of cash flows, proposing a payment plan for settlement of debt with major investors, namely bankers, state and suppliers.
  • Assessment of companies and business.
  • Mergers and acquisitions.
  • Financial advice.
Studies and Projects
  • Investment Projects.
  • Marketing Plans.
Financial and Tax Incentives
  • Procurement of incentives
  • Applications to systems of financial incentives and tax
  • Accomplishing the application of incentive systems.
 
system System of Incentives for Revitalization and Modernization of Enterprises (SIRME)
Guidelines in this system of incentives are aimed at promoting processes of restructuring, improving the critical size and the restoration of conditions of business competitiveness.
 
Instrument designed to promote processes of corporate restructuring, mainly by mergers and acquisition, which includes MBO/MBI (Management Buy-Out, Management Buy-In).
 
This on one hand requires the existence of a company in economic and financial situation is difficult and moreover it is difficult to find an entity interested in acquiring with obvious financial and management capabilities.

The management of this system is dependent on the IAPMEI (Institute for Supporting Small and Medium Enterprise to Innovate) and more specifically the Office AGIIRE (Office of Integrated Intervention for Enterprise Restructuring).

Using the Fund for the Revitalization and Modernization of Enterprises (FRME) the AGIIRE acts as a financial partner in a merger or acquisition of companies through equity stake in the merged entities or buyers.

Additionally, the intervention of FRME can be complemented with the possibility of granting tax benefits to the level of exemption from fees, exemption from Municipal Property Tax (IMI), exemption from stamp duty and exemption from IRS / IRC.
Accounting and Tax Advisory
  • General Accounting and Cost Centre with analysis of monthly results.
  • International Reporting/Controlling in English, Spanish, and Polish.
  • Centralization of reporting to parent companies based in Portugal.
  • Tax Office.
  • Execute all tax liabilities inherent in the business of the company (Model 22, VAT statements, annual statement, withholding taxes, etc.).
  • Tax Planning.
  • Elaborated National and International tax planning decision of the management of the company.
  • Processing of wages.
Recovery of VAT
  • Recovery of VAT paid in European Union
Recovery of VAT The eighth directive (79/1072/CEE) came into existence in 1982, allows Portuguese businesses and entrepreneurs recover the VAT paid on the purchase of goods or equipment and paid services in the European Union, even today other countries outside the European Union repay the non-resident companies.

The VAT is a recoverable cost which varies from country to country, as you can see in the recoverable VAT table.

Only a small portion of the VAT paid abroad by Portuguese companies is recovered, because of the complex and bureaucratic process, the higher cost of communication with the tax authorities and the tight deadlines for submission of additional information.

Every year businesses lose considerable value, because of not taking the opportunity to reduce their costs with the recovery of VAT incurred abroad.

Our aim is to facilitate the recovery of VAT paid abroad, substantially reducing the red tape for you.

We develop a strategy that suits you based on your professional expertise and experience in handling of cases.
Audit Accounting
  • Creation of models and implementation of internal audits.
  • External audits (at the request of shareholders).
  • Audits for the assessment of companies or business.
  • Monitoring the tax inspections .
Planning and Control
  • Studies and implementation of restructuring and mergers.
  • Implementation of performance indicators in board and top level management of the department.
  • Strategic Planning.
  • Developing the procedure manual.
Consulting Logistics
  • Optimization of path of distribution.
  • Storage and optimization of stocks.
  • Operation of picking and returning procedures.
  • Identification and implementation of operational and logistical opportunities.
Management of Operations
  • Analysis and design of the supply chain.
  • Reengineering of industrial processes.
  • Study of time and methods.
  • Balancing the production lines.
  • Study of productivity and rationalization of resources.
  • Management ranges of control.
  • Optimize operational efficiency.
  • Audits and plans the rationalization of energy.
Management costs
  • Management of operation costs.
  • Reducing the average time of receipt, subject to trade.
  • Reduction of costs associated with the implementation and monitoring of payments.
Information management
  • Systems management control.
  • Information systems of company.
  • We have full monitoring and professional inspection of tax, producing the tax audit in advance, and providing all the technical arguments in support of negotiating with the tax authorities.
  • Audits accounting.
Human Resources
  • Internal and external training for companies.
  • Coaching in leadership and management.
  • Training in the areas of negotiation and organizational behavior.
  • Training in technical trade.
  • Recruitment and selection.
  • Psychological evaluation.
  • Analysis and description of duties.
  • Evaluation of performance.
  • System for human resource management
  • Assessment of organizational condition and culture.
Support for Internationalization
  • Support and monitor the foreign companies entering the domestic market.
  • Support and monitor the domestic companies in international markets for others with expertise in Portugal, Spain and Poland.
  • Domestic headquarters of the markets where they operate.
  • Establishment of companies.
  • Legal Assistance.
  • Recruitment and employment of employees for companies.
International Trading
  • Sourcing and International trading

  • Testing system for products selected by intervening actively in the value chain for each product which reduces brokers, banks and processes cost.

    The research is conducted through a network of contacts from international partners, and reference sector companies, associations, international trading, government agencies and chambers of promoting trade and other economic agents. Objective: Find the lowest price on worldwide basis, taking into account the criteria defined by the customer to purchase.
  • Procurement, International trading

  • Searching system for agents, companies, partners, etc. predetermined by intervening actively in the value chain for each product, which reduces brokers, banks and processes. Based on the procedure for the managing information of customers, prices or markets.

    The research is conducted through a network of contacts to international partners IIB, the reference sector companies, associations, international trading, government agencies, and chambers of promoting trade and other economic agents.
    Objective: Find new markets, new agents distributors throughout the world, taking into account the criteria specified by the client to market.
Creation of image / logo/ Websites / brochures / stationary
 
The numbers of companies are increasing with the entry of new players or by strengthening of some competitors that arise in the forefront by their distribution channels and communication with customers being reduced by the presence on internet.

We also know that just by creating a site to deal with competitors and customers we may not reach more effectively. The site created has to be visited by the potential customers and should be attracted by the site.

We create images together with strategic partners for your new site, we don’t stop here, we will make it visible over internet, whenever someone searches for a product or service that your business has or provides then link to your site will be highlighted.
Plans for Exit/Withdrawal
 
If you feel it is time to withdraw your business, deserving rest in your life, or your descendants don’t want to follow your business … in this case we prepare your company to be sold with increased value and prepare your business to obtain the remaining due amount.
 
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